All Air New Zealand articles

New Zealand will enter into reciprocal transit arrangements with a number of countries to make it easier for both citizens and foreigners to get home. The rapid closure of borders and tightening travel restrictions, along with the resulting decline in commercial airline flights has left many travellers struggling to ...

Air New Zealand could reduce its workforce of 12,500 by up to 30%, as it works through the challenges posed by the coronavirus outbreak Chief executive Greg Foran says: ” Air New Zealand ’s well-placed to get through Covid-19. We’re a strong resilient business, we’ve got a good ...

Air New Zealand is reviewing the impact of new measures from the country’s government intended to combat the spread of coronavirus. Under the directive every person entering New Zealand, excluding Pacific territories, will be required to self-quarantine for 14 days, a restriction which will be reviewed in 16 days’ ...

Air New Zealand is withdrawing its full-year earnings guidance for 2020 “due to increased uncertainty surrounding the duration and scale of the Covid-19 outbreak.” The carrier disclosed on 24 February target earnings before other significant items and taxation of NZ$300-350 million ($189-220 million) for financial year 2020, with ...

Air New Zealand has maintained profitability even as it adapts to a lower growth environment, reporting a NZ$198 million ($124 million) EBIT for the six months ended 31 December 2019, down from NZ$217 million in the year-ago period. “Our capacity discipline on existing routes, stimulation of leisure traffic ...

Air New Zealand has filed patent and trademark applications for full-length sleep pods in economy class, as it mulls installing them on its ultra long-haul routes. Unveiling the Economy Skynest, the carrier says it will decide whether or not to install the product after assessing the performance of its ...

Air New Zealand is expecting a NZ$35-75 million ($22-47 million) hit to financial year 2020 earnings, as it weighs up the impact of the coronavirus outbreak against cheaper jet fuel. “The airline’s revenue outlook for the remainder of the year is expected to be adversely impacted as a ...

Cathay Pacific will operate Air New Zealand’s Hong Kong-Auckland services through to the end of March as the latter continues to deal with capacity issues due to ongoing Boeing 787-9 engine issues. In addition to its own services to New Zealand, the Hong Kong-based carrier will operate daily a ...

Air New Zealand’s board is following a similar path in tapping talent outside the industry by appointing Kiwi-born US retail boss Greg Foran as its next chief executive, at a time when there is turbulence on the horizon.

Air New Zealand has cited higher fuel costs, the Rolls-Royce Trent 1000 engine issues, and a lower demand environment in the second half as drivers of a 31% fall in its underlying earnings to NZ$374 million ($239 million) for the year ended 30 June.

​Air New Zealand and Singapore Airlines plan to operate 35,000 more seats on the Auckland-Singapore route over the 2020 northern summer scheduling period, using a combination of larger aircraft and more frequencies.

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